AfricInvest has taken a significant minority stake in Arrow Holding, a leading regional HR-technology and staffing group operating across Africa and the Middle East.
Through this investment, AfricInvest Fund IV supports Arrow Holding’s digital transformation strategy and expansion into Africa’s growing staffing and outsourcing sector.
Arrow Holding is supplying the market with a full range of human resources solutions, including staffing, payroll, and workforce management services for corporate and governmental clients. Their regional hub model is a perfect mix of local knowledge and international standards.
Under this new partnership, AfricInvest will help strengthen Arrow’s tech infrastructure, including the launch of an “Arrow AI Hub” for digital HR services. It will also provide strategic and financial backing for acquisitions in the African staffing market.
Strengthening Africa’s HR Ecosystem Through Innovation and Inclusion
On top of that, the investment is a manifestation of the long-term ambition of Arrow Holding to build a pan-African HR and recruiting platform that facilitates the movement of talent across borders and is in line with the provision of decent and compliant labor.
By focusing on these areas, the company commits to the principles of inclusion and sustainability in employment. It aims to increase the availability of formal jobs and enhance workforce skills. At the same time, it promotes diversity across all its subsidiaries.
AfricInvest brings over three decades of experience in supporting African mid-cap businesses. It will use its expertise in governance, digital transformation, and strategic consolidation to strengthen the HR ecosystem.
This deal is the tenth Fund IV investment milestone. The fund supports medium-sized African companies that have the potential to expand regionally.
In short, this partnership signals a major leap for HR technology and staffing in Africa. ChatGPT said:
With AfricInvest’s support, Arrow Holding is set to expand its operations. The company aims to build a widely recognized model of tech-driven workforce solutions.
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News Source: Prnewswire.com
